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What are the difference between a replenishment philosophy and a requirements philosophy?

There are some differences between a replenishment philosophy and a requirements philosophy: - The requirement philosophy is used in MRP systems whilst the replenishment philosophy is used in order-point systems. - The replenishment philosophy is oriented toward the customer and it more focuses outward objectives where as the requirement philosophy is oriented toward manufacturer and it more focuses inward objectives. - In the replenishment philosophy, material should be replenished when it runs low versus in the requirement philosophy, material is ordered only when a need exists as directed by the master schedule. If there are no manufacturing requirements for a particular part, it will not be replenished, even though the inventory level is low. - In the replenishment philosophy, ABC principle is applied as a control principle and EOQ formula can help providing relative accurate stock level. In the requirement philosophy, ABC principle and the time-honored EOQ do not work well if this order philosophy is applied. - In the requirement philosophy, as MRP is future-oriented so ordering philosophy base on requirement generated from master schedule. In the replenishment philosophy, the forecast of replenishment the stock level base on the past history of demand. - In the replenishment philosophy, if demand is lumpy, materials will be carried on hand during long period of zero demand resulting in unnecessary inventory-carrying cost. But in the requirement philosophy, the requirement of particular part is very important in manufacturing because demand for component parts is lumpy.


What are the main points in montaigne's essay physiognomy?

In Montaigne's essay "Of Physiognomy," he criticizes the belief that physical appearance can reveal a person's character or destiny. Montaigne argues that one's character is complex and cannot be accurately judged based on outward appearances. He emphasizes the importance of understanding individuals as unique and multi-dimensional beings.


What heroic values does The Sword in the Stone teach?

"The Sword in the Stone" teaches heroic values such as perseverance, humility, and the importance of inner strength over outward appearances. It emphasizes the idea that true power comes from within and that those who are kind, determined, and selfless are the ones who are truly worthy of wielding power and authority.


How did the Jericho walls fall outward according to historical accounts?

According to historical accounts, the walls of Jericho fell outward due to the strategic military tactics employed by the Israelites, including the use of trumpets and shouting to create vibrations that weakened the walls.


Do you agree or disagree with Hume's statement that all perceptions are derived from either inward or outward sentiment and why?

I'm not sure. One one hand, it seems very certain, that no perception is possible without using outward ord inward sentiment, on the other hand I don't know what about f.e. maths - I doubt that this kind of perception is based on sentiment at all.

Related Questions

What emphasizes practical usefulness of things not their outward beauty?

utilitarianism


'choose not your friends by outward show for feathers may float while pearls lie low'?

This quote means not to judge people based on their appearance or outward display, as true value and character may be hidden beneath the surface. It emphasizes the importance of looking beyond superficial qualities to discover genuine friendships and connections.


What impact did the invention of the elevator have on society?

it allowed cities to gro upward as well as outward. Skyscrapers were a practical idea now that people had a reasonable way of getting up to higher levels.


What is the symbol and meaning of Christianity?

The religion of Christians; the system of doctrines and precepts taught by Christ., Practical conformity of one's inward and outward life to the spirit of the Christian religion, The body of Christian believers.


What are the difference between a replenishment philosophy and a requirements philosophy?

There are some differences between a replenishment philosophy and a requirements philosophy: - The requirement philosophy is used in MRP systems whilst the replenishment philosophy is used in order-point systems. - The replenishment philosophy is oriented toward the customer and it more focuses outward objectives where as the requirement philosophy is oriented toward manufacturer and it more focuses inward objectives. - In the replenishment philosophy, material should be replenished when it runs low versus in the requirement philosophy, material is ordered only when a need exists as directed by the master schedule. If there are no manufacturing requirements for a particular part, it will not be replenished, even though the inventory level is low. - In the replenishment philosophy, ABC principle is applied as a control principle and EOQ formula can help providing relative accurate stock level. In the requirement philosophy, ABC principle and the time-honored EOQ do not work well if this order philosophy is applied. - In the requirement philosophy, as MRP is future-oriented so ordering philosophy base on requirement generated from master schedule. In the replenishment philosophy, the forecast of replenishment the stock level base on the past history of demand. - In the replenishment philosophy, if demand is lumpy, materials will be carried on hand during long period of zero demand resulting in unnecessary inventory-carrying cost. But in the requirement philosophy, the requirement of particular part is very important in manufacturing because demand for component parts is lumpy.


When was The Outward Urge created?

The Outward Urge was created in 1959.


Do yaw bearings theeth point outward or inward?

Outward


What is a surface that curves outward?

A surface that curves outward is called a convex surface. It bulges or protrudes outward towards the exterior.


What is the meaning of departure from Outward OE?

Departure from Outward 'Office of Exchange'.


How many pages does The Outward Urge have?

The Outward Urge has 192 pages.


What does demeanor mean?

it means :- conduct, deportment or outward behavior The official definition of the word demeanor is "outward behavior or bearing."Demeanor means have a type of outward behavior. Outward behavior means bearing.


Does centrifuge fling things outward or inward?

A centrifuge flings things outward. When the centrifuge spins rapidly, the centrifugal force pushes objects away from the center, causing them to separate based on their density.